Strategic Global Advisors LLC Invests $2.24 Million in Teradata Co. (NYSE:TDC)

Strategic Global Advisors LLC purchased a new stake in shares of Teradata Co. (NYSE:TDC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 71,833 shares of the technology company's stock, valued at approximately $2,238,000. Strategic Global Advisors LLC owned about 0.08% of Teradata at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Barclays PLC grew its stake in shares of Teradata by 49.2% in the third quarter. Barclays PLC now owns 169,687 shares of the technology company's stock worth $5,150,000 after purchasing an additional 55,979 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Teradata by 73.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 768,892 shares of the technology company's stock valued at $23,951,000 after purchasing an additional 324,442 shares during the period. Merit Financial Group LLC purchased a new stake in Teradata in the fourth quarter worth $316,000. Impact Partnership Wealth LLC purchased a new stake in shares of Teradata in the 4th quarter worth about $224,000. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Teradata during the fourth quarter valued at approximately $152,000. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Price Performance

TDC traded down $0.53 on Friday, reaching $21.55. 183,537 shares of the company's stock were exchanged, compared to its average volume of 1,383,174. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.81 and a quick ratio of 0.79. The stock's fifty day moving average price is $21.88 and its 200-day moving average price is $26.73. The stock has a market cap of $2.06 billion, a PE ratio of 18.42, a P/E/G ratio of 6.23 and a beta of 0.80. Teradata Co. has a twelve month low of $18.43 and a twelve month high of $35.60.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. Teradata had a net margin of 6.51% and a return on equity of 149.16%. The business had revenue of $418.00 million for the quarter, compared to the consensus estimate of $423.85 million. During the same period in the previous year, the firm earned $0.57 EPS. The business's revenue was down 10.1% on a year-over-year basis. Sell-side analysts expect that Teradata Co. will post 1.31 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on TDC. Royal Bank of Canada dropped their price objective on Teradata from $32.00 to $29.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 12th. Northland Capmk cut Teradata from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Evercore ISI lowered their target price on Teradata from $37.00 to $32.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. JMP Securities restated a "market perform" rating on shares of Teradata in a research report on Thursday, February 13th. Finally, Barclays reduced their price target on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $27.50.

About Teradata

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.